Royal Mail share buyers make instant £250 as price soars

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Share price rise of 35% will fuel accusations that the government undervalued Royal Mail and shortchanged the taxpayer The 690,000 people who managed to buy £750 of Royal Mail shares have made an instant paper profit of more than £250 after the shares soared by 35% when they started trading on Friday. Royal Mail shares, which the government sold at 330p, started trading at 450p on Friday morning …

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